Piper Way, Ilford, IG1 4DE

2-bedroom flat · IG1 4DE

2 baths

Asking

£250,000

Sold STCListed 124 days

Investor metrics

HMO Article 4 Direction AreaLondon Borough of Redbridge city-wide Article 4 (HMO), The London Borough of Redbridge Houses in Multiple Occupation Article 4 Direction 2018 · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

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About

The property

Nestled in the desirable area of Piper Way, Ilford, this charming second floor two-bedroom flat offers a perfect blend of comfort and modern living.

The property features a spacious reception room, ideal for both relaxation and entertaining guests.

The two generously sized double bedrooms provide ample space for rest and privacy, with the master bedroom benefiting from an ensuite bathroom for added convenience.

This delightful property boasts a lovely Juliette balcony, allowing natural light to flood the living space while offering a pleasant view of the surroundings.

With a total of two bathrooms, including the ensuite, this property ensures that both residents and visitors have easy access to essential facilities.

This flat is perfect for small families, couples, or individuals seeking a stylish and functional living space in a vibrant community.

With its excellent location, residents will enjoy easy access to local amenities, transport links, and green spaces, making it an ideal choice for those looking to embrace the best of Ilford living.

Don't miss the opportunity to make this lovely property your new home.

Communal Entrance - Stairs to second floor Entrance To Flat - Reception Room - 4.50m x 3.56m (14'9" x 11'8") - Double glazed door to Juliette balcony. Double glazed windows. Carpeted flooring.

Radiator. Open to kitchen. Kitchen - 3.55m x 1.76m (11'7" x 5'9") - Range of wall and base units. Space for washing machine and fridge - freezer. Gas cooker. Sink.

Bathroom - 2.27m x 1.91m (7'5" x 6'3") - Part tiled walls. Panel bath. Wash hand basin. Low level WC. Bedroom One - 3.78m x 3.64m (12'4" x 11'11") - Double glazed windows. Carpeted flooring. Radiator.

Door to en-suite Ensuite - 2.15m x 1.60m max (7'0" x 5'2" max) - Walk-in shower unit. Low level toilet. Wash hand basin. Bedroom Two - 3.16m x 2.20m (10'4" x 7'2") - Double glazed windows.

Carpeted flooring. Radiator. Agents Note - No service or appliances have been tested by Sandra Davidson Estate Agents.

Key information

Council Tax Band

Band C

Estimated ~£1600/year

Tenure

Leasehold

Local Authority

Redbridge London Boro

London Borough

County

Greater London Authority

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

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Rent evidence

Rental benchmark

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Local SA Market

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Archie refurb estimate: a Pro feature

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Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market124 days · price-fatigue

17/25

—

Seller motivation

Not scored yet

Days on market124

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

First listedListed at £250,00019-06-2026

Still activeDay 124 on marketToday

Strategy fit

No strategy scores available yet.

HMO Conversion Potential

Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.